EU plans to weaken passenger compensation rules
The EU is considering changes to its air passenger rights regulation, EU261, which could reduce compensation for flight delays. Passengers can claim compensation if a flight arrives three hours late, but a new proposal could extend this threshold to five hours. Critics argue this would remove incentives for airlines to operate on time, leading to more passenger inconvenience.
EU261, which has been in place since 2005, ensures compensation for cancellations, delays, and denied boarding. With millions affected by flight disruptions yearly, consumer advocates warn that weakening protections would significantly impact European travellers.
Women underrepresented in EU tech, New gender diversity index reveals
A new gender and diversity index, GENDEX, highlights significant gender gaps in the European tech ecosystem. Despite making up 42% of STEM graduates in the EU, women are underrepresented in deep tech fields, with only 24% of ICT graduates being female.
Women also face barriers in leadership roles, occupying just 30% of positions across European companies and receiving only 1% of venture capital funding. The index recommends gender diversity reporting before funding and emphasises the need for more investment in women-led startups to bridge the gap and enhance innovation in the tech industry.
Mastercard and Visa linked to Illegal UK gambling sites
An investigation has found Mastercard and Visa are processing payments for unlicensed gambling websites scamming UK customers. Despite pledging to block such transactions, both companies continue facilitating payments, profiting from fees.
Unlicensed sites have been accused of withholding winnings and exploiting vulnerable gamblers. Regulators, including the UK Gambling Commission, acknowledge the issue but struggle to take effective action.
Critics argue the payment giants lend credibility to illicit operators and must enforce stricter compliance. With over £2.7bn spent on black-market gambling annually, experts urge immediate intervention to protect consumers and uphold financial integrity.